Stamp Duty

Calculate property stamp duty

When is Stamp Duty paid?

When buying a property over a certain price, stamp duty is payable to the HMRC 14 days from the date of completion or a fine may be imposed. Your solicitor or legal adviser should take care of this for you and ensure you don’t miss the deadline. Some buyers prefer to add on the SDLT amount to their mortgage loan. You should speak to your mortgage provider to ascertain whether this is an option.

Stamp Duty Land Tax (SDLT) is a progressive tax paid when purchasing a freehold, leasehold or shared ownership residential property over £125,000 in England, Northern Ireland and Wales (separate Land and Buildings Transaction Tax in Scotland). Updated SDLT rates were introduced on 1st October 2021, following the SDLT ‘holiday’ from 1st July 2020 to 30th September 2021, when there was no SDLT for property purchases up to the value of £250,000. From 1st October 2021, the SDLT rates returned to the sliding system based on thresholds and dependent on a property’s price.

Different SDLT rates and thresholds apply to non-residential property or mixed-use land.
The SDLT rates are payable only on the PORTION of a property price, which falls within each band.
As with every tax, there are those who will be better and worse off compared to the previous system.

Who pays Stamp Duty?

Stamp Duty is paid by everyone purchasing a residential or non-residential property in England, Northern Ireland and Wales, including overseas buyers, corporate bodies and non-natural persons.

Buy-to-let and second homes Stamp Duty

Since April 2016, property buyers in England and Wales must pay an additional 3% on each stamp duty band.
Our calculator will help identify the specific liabilities to SDLT for Principal Private Residences, Buy-to-let or investment properties and second homes.

Contact us if you wish to discuss property investment as part of a portfolio.

Stamp Duty Calculator

Property Type
Stamp Duty to Pay
Effective Rate